Although it may not be possible for you to enjoy a 0% tax rate, your adult children could be eligible. If they’re in the 10% or 12% income tax bracket, you might want to...

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Beginning this year, a 1% excise tax applies to certain remittance transfers from U.S. senders to recipients in foreign countries. Remittance transfer providers must collect these remittance transfer taxes from senders and pay them...

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If you contribute directly to a Health Savings Account (HSA) — not through pretax payroll deductions — you still have time to make 2025 contributions. The deadline is April 15, 2026, and you can...

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In the event of a divorce, part or all of a married couple’s business is often considered divisible marital property. If you’re in this situation, you may be able to divide your business ownership...

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Federal tax refunds worth approximately $1.2 billion remain unclaimed for the more than 1.3 million taxpayers who haven’t filed their 2022 federal income tax returns. Those individuals have until April 15, 2026, to file...

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The many tax-related provisions that went into effect last year after the One Big Beautiful Bill Act (OBBBA) was signed into law are affecting 2025 federal income tax returns being filed now. However, some...

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If you just started receiving paychecks in 2025 (maybe you’re a recent graduate or new military recruit), this may be your first tax filing season. Before you do anything else, determine whether you’re required...

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There are plenty of reasons to file your federal income tax return early. For example, early filing can help prevent identity theft losses. Here’s another: If you’re owed a refund, it could enable you...

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The IRS reminds families that this filing season may offer significant tax-saving opportunities. The Child Tax Credit is up to $2,200 per qualifying child, with up to $1,700 per child being refundable. (“Refundable” means...

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The IRS has launched a new “Report Fraud” webpage to simplify confidential reporting of suspected tax fraud or scams. It consolidates multiple IRS fraud-reporting options into a single location, allowing taxpayers to report suspected...

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